Categories: News

BingX Launches $150M Shield Fund to Set a New Benchmark for User Protection

PANAMA CITY, June 5, 2025 /PRNewswire/ — BingX, a leading global cryptocurrency exchange and Web3 AI company, has introduced the Shield Fund, a permanent $150 million safety reserve dedicated to safeguarding users against unforeseen cyber threats and extreme market volatility. Unlike conventional insurance models, the Shield Fund is entirely self-funded and always active, enabling BingX to respond swiftly during crises. This initiative underscores BingX’s commitment to transparency, accountability, and its unwavering user-first vision.

- Advertisement -

Built with long-term sustainability in mind, the Shield Fund features continuous internal audits and dynamic risk assessments to adapt to evolving market conditions. It offers BingX users an added layer of real-time protection and peace of mind, solidifying BingX’s position as a leader in secure and responsible crypto trading.

- Advertisement -

“The launch of the BingX Shield Fund is a strategic extension of our user-first vision. It is not simply a financial safeguard — it is a symbol of how we view responsibility at scale,” said Vivien Lin, Chief Product Officer at BingX. “We are reaffirming our commitment to building a secure, transparent, and forward-thinking trading environment. As our platform grows, so does our duty to empower users with tools and systems that ensure confidence, resilience, and long-term trust.”

- Advertisement -

Following the implementation of Proof-of-Reserve, the Shield Fund represents the next chapter in BingX’s ongoing mission to elevate platform integrity and user protection. Together, these initiatives form a robust foundation for a more transparent, secure, and accountable trading environment. Looking ahead, BingX remains committed to delivering proactive safety measures and pioneering infrastructure innovations to safeguard user interests.

- Advertisement -

About BingX 

- Advertisement -

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

- Advertisement -

For more information please visit: https://bingx.com/

- Advertisement -

Photo – https://mma.prnewswire.com/media/2704170/1280_675_blank.jpg 
Logo – https://mma.prnewswire.com/media/2310183/BingX_logo_Logo.jpg

- Advertisement -

 

- Advertisement -

View original content:https://www.prnewswire.co.uk/news-releases/bingx-launches-150m-shield-fund-to-set-a-new-benchmark-for-user-protection-302474266.html

- Advertisement -

Recent Posts

Jo Malone London Launches New Hair & Body Wash to the Cypress & Grapevine collection

LONDON, May 1, 2026 /PRNewswire/ -- One scent, many expressions. Jo Malone London expands its bestselling Cypress…

3 hours ago

Most difficult metro stretch in Bengaluru, built by Afcons, at Silk Board inaugurated

BENGALURU, India, May 1, 2026 /PRNewswire/ -- Today, Hon'ble Dy Chief Minister D K Shivakumar along…

3 hours ago

IBM Debuts New AI-Powered Features for the Scuderia Ferrari App

Fan engagement accelerates one year after relaunchARMONK, N.Y., May 1, 2026 /PRNewswire/ -- As the Formula…

3 hours ago

Green Cabbage Launches ‘Harvest,’ the Leading Agentic AI Platform to Drive Faster Decisions, Better Deals, and Smarter Spend

PITTSBURGH, May 1, 2026 /PRNewswire/ -- Green Cabbage, a global leader in procurement intelligence, today…

3 hours ago

CCTV+: Hello, Beijing! Exploring the City Under China’s 240-Hour Visa-Free Transit Policy

BEIJING, May 1, 2026 /PRNewswire/ -- China is drawing a growing number of international visitors…

3 hours ago

Afcons delivers India’s tallest road cable-stayed bridge on Mumbai-Pune Expressway Missing Link Project

MUMBAI, India, May 1, 2026 /PRNewswire/ -- The wait for safer and faster travel between…

5 hours ago